That $750k that OBJ took in all Bitcoin has netted him $35,703 after taxes as of rn

mastermind

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Dude. You just lost almost 5% in the value of your cash from this time last year and that's being conservative.

Your $1 last year is worth 95.5 cents as of today.

If you had $100K laying around on 3/28/2021, inflation just ate over $4500 without anyone doing anything to it.
except what you keep telling us is to put that cash into bitcoins. I just don't buy it and it seems only the super wealthy are eating off this.
 

HabitualChiller

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Dude. You just lost almost 5% in the value of your cash from this time last year and that's being conservative.

Your $1 last year is worth 95.5 cents as of today.

If you had $100K laying around on 3/28/2021, inflation just ate over $4500 without anyone doing anything to it.
Wait, but if he gets paid in a lump sum, or even weekly, he can just invest that money in BC anyways. Hell, he could've bought on the dip(s), no?
 

GoldenGlove

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except what you keep telling us is to put that cash into bitcoins. I just don't buy it and it seems only the super wealthy are eating off this.
Do with this information as you will.
How to earn interest on cryptocurrency | Gemini Earn® | Gemini
If you don't like the volatility of BTC or ETH. You can take your cash, convert it to a stablecoin (in this case gUSD) and earn 8% on it just sitting in your account.

Anchor
If you don't like the volatility of BTC or ETH. You can take your cash, convert to a stablecoin (in this case UST) and earn 20% on it just sitting in your account.

Just a matter of risk tolerance and understanding how things work.
:yeshrug:
 

who_better_than_me

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lol I remember when my job was handing out bonuses for a new cba, I asked my station manager could I get paid in bitcoin or stocks :russ: .
 
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